AirAsia leases A320 from ICBC Leasing

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ICBC Leasing has placed a new Airbus A320, MSN 5344, aircraft with CFM56-5B6/3 engines on lease with AirAsia.

The aircraft is being operated by subsidiary Thai AirAsia ona 12-year lease.

ICBC Leasing has now five A320s on lease to Thai AirAsia. Two aircraft were financed in January with DVB Merchant Bank Asia, which acted as arranger and sole lender of a loan facility.